Karachi: The Searle Company Limited announced a significant improvement in its financial performance for the year ending June 30, 2026. The company held a board meeting on Friday, September 25, 2026, in Karachi, where the directors recommended a cash dividend of PKR 1 per share, equivalent to 10%, while no bonus or right shares were proposed.
The company's unconsolidated financial statement revealed that total assets climbed to PKR 49.78 billion from PKR 44.68 billion in the previous year. Notably, the revenue from contracts with customers surged to PKR 31.64 billion compared to PKR 24.77 billion last year, marking a very large or significant move of 27.8%. This increase contributed to a gross profit of PKR 16.75 billion, a big move from PKR 12.59 billion in 2025.
According to information available from the Pakistan Stock Exchange (PSX), The Searle Company Limited's profit before income tax reached PKR 6.85 billion, a very large or significant move from PKR 726.32 million reported the previous year. The income tax expense for the year was PKR 2.84 billion, resulting in a net profit of PKR 4.00 billion, a very large or significant move from PKR 434.04 million in 2025. The company's basic and diluted earnings per share rose to PKR 6.81 from PKR 0.74.
In terms of equity, the company’s total equity increased to PKR 34.80 billion from PKR 30.24 billion, bolstered by an unappropriated profit of PKR 14.68 billion, up from PKR 11.18 billion the previous year. The company also reported a revaluation surplus on property, plant, and equipment of PKR 4.87 billion, up from PKR 4.58 billion.
The annual general meeting of the company is scheduled for October 22, 2026, in Karachi. Meanwhile, the share transfer books will remain closed from October 15 to October 22, 2026, inclusive.
The Searle Company Limited's comprehensive income for the year was PKR 4.56 billion, a very large or significant move from PKR 1.14 billion in 2025. The company is set to transmit its annual report for the fiscal year through PUCARS within the stipulated time.